Hyundai Investments Co. Ltd. Invests $470,000 in iShares S&P 500 Value ETF $IVE

Hyundai Investments Co. Ltd. purchased a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,200 shares of the company’s stock, valued at approximately $470,000.

Several other institutional investors have also recently added to or reduced their stakes in IVE. Brighton Jones LLC increased its stake in iShares S&P 500 Value ETF by 0.8% in the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after purchasing an additional 112 shares during the last quarter. Great Lakes Advisors LLC increased its stake in iShares S&P 500 Value ETF by 6,385.7% in the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock valued at $83,000 after purchasing an additional 447 shares during the last quarter. Schnieders Capital Management LLC. acquired a new position in iShares S&P 500 Value ETF in the second quarter valued at $550,000. Russell Investments Group Ltd. increased its stake in iShares S&P 500 Value ETF by 28.8% in the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock valued at $416,000 after purchasing an additional 477 shares during the last quarter. Finally, First Trust Advisors LP increased its stake in iShares S&P 500 Value ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock valued at $5,184,000 after purchasing an additional 731 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.0%

iShares S&P 500 Value ETF stock opened at $228.75 on Tuesday. The firm has a market capitalization of $50.51 billion, a P/E ratio of 20.70 and a beta of 0.82. The stock has a fifty day moving average price of $223.05 and a 200 day moving average price of $218.02. iShares S&P 500 Value ETF has a 52 week low of $189.66 and a 52 week high of $229.67.

About iShares S&P 500 Value ETF

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.